Is MARTEN TRANSPORT LTD (MRTN) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 0.0% / 30% | 4.2% / 30% | 9.8% / 30% | 1.53% / 5% | ✓ HALAL |
| DJIM | 0.0% / 33% | 4.2% / 33% | 9.8% / 33% | 1.53% / 5% | ✓ HALAL |
| MSCI | 0.0% / 33% | 4.6% / 33% | 10.6% / 33% | 1.53% / 5% | ✓ HALAL |
| S&P | 0.0% / 33% | 4.2% / 33% | 9.8% / 33% | 1.53% / 5% | ✓ HALAL |
| FTSE | 0.0% / 33% | 4.6% / 33% | 10.6% / 50% | 1.53% / 5% | ✓ HALAL |
Financial Highlights
Profitability
| Gross Margin | 24.0% | |
| Operating Margin | 0.6% | |
| Net Margin | 2.0% | |
| Return on Equity (ROE) | 2.3% | |
| Return on Assets (ROA) | 0.7% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $93M |
| Free Cash Flow | -$51M |
| Total Debt | $194,000 |
| Debt-to-Equity | 0.1 |
| Current Ratio | 1.9 |
| Total Assets | $950M |
Price & Trading
| Last Close | $12.86 |
| 50-Day MA | $12.90 |
| 200-Day MA | $11.92 |
| Avg Volume | 820K |
| Beta | 0.9 |
|
52-Week Range
$9.35
| |
About MARTEN TRANSPORT LTD (MRTN)
Marten Transport, Ltd. operates as a temperature-sensitive truckload carrier for shippers in the United States, Mexico, and Canada. It operates through Truckload, Dedicated, and Brokerage segments. The Truckload segment transports food and other consumer packaged goods that require a temperature-controlled or insulated environment, as well as dry freight; and regional short-haul and medium-to-long-haul full-load transportation services. The Dedicated segment offers customized transportation solutions for individual customers' requirements using temperature-controlled trailers, dry vans, and other specialized equipment. The Brokerage segment develops contractual relationships with and arranges for third-party carriers to transport freight for customers in temperature-controlled trailers and dry vans. As of December 31, 2025, the company operated a fleet of 2,654 tractors that included 2,577 company-owned tractors and 77 tractors supplied by independent contractors. Marten Transport, Ltd. was founded in 1946 and is headquartered in Mondovi, Wisconsin.
Purification Calculator
As a halal stock with 1.53% impermissible income, you need to purify your dividends.
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Frequently Asked Questions
Is MARTEN TRANSPORT LTD (MRTN) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), MARTEN TRANSPORT LTD is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is MARTEN TRANSPORT LTD's debt ratio?
MARTEN TRANSPORT LTD's debt ratio is 0.0% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.0%.
Does MARTEN TRANSPORT LTD require dividend purification?
Yes, MARTEN TRANSPORT LTD has an impermissible income ratio of 1.53%, which means 1.53% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.
What are MARTEN TRANSPORT LTD's key financial metrics?
MARTEN TRANSPORT LTD has a market capitalization of $1.1B, trailing P/E ratio of 61.4, and revenue of $884M. The company maintains a gross margin of 24.0% and a net margin of 2.0%. Return on equity stands at 2.3%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.